This topic contains a solution. Click here to go to the answer

Author Question: In the long run, increases in the money supply increase the economy's potential output level. a. ... (Read 122 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
In the long run, increases in the money supply increase the economy's potential output level.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The quantity theory of money states that increases in the money supply result in proportional increases in real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

djofnc

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

False

Answer to Question 2

False




evelyn o bentley

  • Member
  • Posts: 564
Reply 2 on: Jun 30, 2018
Gracias!


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library